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The Man Who Saw TomorrowThe Life and Inventions of Stanford R. Ovshinsky$
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Lillian Hoddeson and Peter Garrett

Print publication date: 2018

Print ISBN-13: 9780262037532

Published to MIT Press Scholarship Online: September 2019

DOI: 10.7551/mitpress/9780262037532.001.0001

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Losing Iris, Losing ECD

Losing Iris, Losing ECD

Chapter:
(p.241) 11 Losing Iris, Losing ECD
Source:
The Man Who Saw Tomorrow
Author(s):

Lillian Hoddeson

Peter Garrett

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262037532.003.0012

This chapter recounts two devastating losses that befell Ovshinsky in less than a year’s time (2006-07). The first was the sudden death of his wife and partner Iris, who had played a vital role in his life and work. The second was his loss of control over ECD, the company they had founded and fostered together for forty-seven years. Ovshinsky’s position in ECD had been eroding for some years, but the main cause of his forced “retirement” was the Sarbanes-Oxley Bill, which required replacing many of his supporters on the Board of Directors. The new board not only pushed Ovshinsky out of ECD but also eliminated most of the company’s research programs, including those devoted to hydrogen-powered cars and the cognitive computer, keeping only the profitable United Solar and Ovonic Battery divisions.

Keywords:   Iris Ovshinsky’s death, Ovshinsky’s “retirement”, ECD board, Sarbanes-Oxley, United Solar, Ovonic Battery

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